1. Your company has extra cash which it would like to use to invest into something new and profitable. There are two independent projects under consideration. Project #1 will require an initial investment of $1,110, and the present value of all of its future estimated profits is $1,060. Project #2 will require an initial investment of $1,060, and the present value of all of its future estimated profits is $1,120. Based on this information, answer the following questions. (For dollar amounts, do NOT type the "$" signs, and round your answers to whole dollars. For other calculations, round your answers to TWO decimal places, for example, 1.23. Where applicable, don't forget the minus signs!) (a) For Project #1, the Net Present Value equals $___, and the Profitability Index equals ___. (b) For Project #2, the Net Present Value equals $___, and the Profitability Index equals ___ (c) Based on the Net Present Value rule, your company should ___ Project #1 and ___ Project #2. (In each field, type accept or reject.) (d) Based on the Profitability Index rule, your company should ___ Project #1 and ___ Project #2. (In each field, type accept or reject.)